Ridgid and incompetent infrastructure support - Officer State Street Employee Review

1.0
5 Oct 2014
Recommend
CEO approval
Business outlook

Pros

Team members are dedicated and generally expert int their area of responsibility.

Cons

Infrastructure support quality has plummeted since outsourcing to IBM, but even before that, silly end-of -period lockdowns and mindless restrictions on development staff cost the company millions in lost productivity, unnecessary hardware duplication, and brain drain due to the resulting burnout. The Helpdesk has been hopelessly incompetent, essentially asking the caller to solve their own issue before the Helpdesk personnel do anything at all. Current Helpdesk phone wait time is typically over 40 minutes, after which they seldom are able to resolve any issue. Reports of these problems go up the management chain and disappear, never to be resolved, perhaps because fixing it would require that the IBM outsource be recognized as a mistake.

Explore other reviews about State Street

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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